Report: Padres sign 1B James Loney

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The San Diego Padres have signed first baseman James Loney to a minor-league deal, reports Buster Olney of ESPN.

Loney, 31, was released by the Tampa Bay Rays just before the start of the regular season after failing to make the 25-man roster. The Rays are still on the hook for $8 million that was left on a three-year, $21 million deal.

Tampa Bay had attempted to trade Loney, but couldn’t find a team to take on his contract.